Weekly Crypto Digest: CLARITY Act Debates and Bitcoin Market Analysis
US crypto regulations and Bitcoin price movements dominated this week's agenda.
1This Week in Crypto
Incrypted compiled key industry developments including CLARITY Act controversies, SBF's clemency ban, and Bitcoin's weekly performance. US senators' reactions to the bill and analysts' BTC predictions stood out as major talking points in the crypto space.
2Bitcoin's Weekly Performance
BTC started the week below $62K but surpassed $65K following US inflation data. The cryptocurrency stabilized around $64,500 by week's end. Analysts note decreasing losses among short-term holders, indicating potential market bottom formation.
3Bitcoin Bank Adoption Index
Strategy firm launched an index measuring banks' Bitcoin adoption. The evaluation considered crypto access, blockchain solutions, and executive attitudes at major financial institutions. The index focuses on systemically important banks as of late 2025.
4US Government's $288M Crypto Transfer
Authorities moved 3,800 BTC and 30,000 ETH (worth $288M) seized from criminal cases to Coinbase Prime. The transfer includes assets from BTC-e and drug trafficking cases. Officials suggest this may represent internal redistribution rather than preparation for sales.
5Movement of Old Bitcoins
Galaxy Digital's research head Alex Thorn reported significant activity from long-dormant BTC in 2024-2025, second only to 2017 levels. Thorn predicts the large-scale redistribution is nearly complete, with 2026 activity potentially halving compared to 2025.
6Bitcoin's Bottoming Process
CryptoQuant analysts describe Bitcoin's market as finalizing its bottom phase, with 'pain redistribution' transferring assets from weak to strong hands. Only 13.5% of short-term holders are currently profitable, while 86.5% hold at a loss.
7$500K Bitcoin Price Prediction
Analyst PlanB suggests BTC could reach $500K this cycle, with S2F model indicating a $250K-$1M range for 2026-2028. He notes potential temporary dips below $53K and emphasizes halving-driven cycles over traditional four-year patterns.
8CLARITY Act Controversy
Three Democratic senators denounced the CLARITY Act as 'corrupt' and favoring Trump's business interests. Actor Benjamin McKenzie joined the opposition. The bill requires 60 Senate votes to advance. Trump will meet senators to discuss crypto framework ethics provisions.
9Thailand's Stablecoin Audit
Thai authorities formed a task force to audit large stablecoin transactions starting Q4 2026, targeting shadow economy activities. Commercial banks will enhance monitoring systems as part of broader anti-illegal finance measures in the country.
10Digital Euro Pilot Selection
The ECB selected 36 payment providers including Revolut and Deutsche Bank for its digital euro pilot launching mid-2027. The 12-month test will evaluate practical applications of the digital currency infrastructure across the eurozone.
Original article: INCRYPTED — Haftalık Kripto Bülteni: CLARITY Yasası ve Bitcoin Analizleri